Category: GST

Clipped from: https://www.taxscan.in/important-update-e-way-bill-system-issues-advisory-on-verification-of-transporter-id-in-e-way-bills/341938/ Top Stories The E-way bill system has issued an advisory on verification of transporter ID in E-way bills based on the queries received

https://taxguru.in/goods-and-service-tax/online-compliance-advisory-itc-mismatch-resolution-gst-drc-01c.html Clipped from: https://taxguru.in/goods-and-service-tax/online-compliance-advisory-itc-mismatch-resolution-gst-drc-01c.html Introduction: As of November 14, 2023, the Goods and Services Tax Network (GSTN) has introduced a crucial feature to address discrepancies in Input

https://taxguru.in/goods-and-service-tax/understanding-itc-reversal-rule-37a-compliance-guide.html Clipped from: https://taxguru.in/goods-and-service-tax/understanding-itc-reversal-rule-37a-compliance-guide.html Introduction: On November 14, 2023, Team GSTN issued crucial information regarding Input Tax Credit (ITC) reversal obligations under Rule 37(A) of the CGST Rules,

https://taxguru.in/goods-and-service-tax/timely-notice-gst-evasion-cases-unveiling-section-73-2-implications.html Clipped from: https://taxguru.in/goods-and-service-tax/timely-notice-gst-evasion-cases-unveiling-section-73-2-implications.html Introduction: In the complex landscape of Goods and Services Tax (GST) laws in India, understanding the intricacies of notices, penalties, and timely compliance

https://taxguru.in/goods-and-service-tax/casual-taxable-person-gst-all-you-want-to-know.html Clipped from: https://taxguru.in/goods-and-service-tax/casual-taxable-person-gst-all-you-want-to-know.html Casual taxable person Introduction: “Casual taxable person” means a person who occasionally undertakes transactions involving supply of goods or services or both

https://taxguru.in/goods-and-service-tax/cancellation-suspension-revocation-cancellation-registration.html Clipped from: https://taxguru.in/goods-and-service-tax/cancellation-suspension-revocation-cancellation-registration.html Cancellation, Suspension and Revocation of Registration in GST Introduction: The registration granted under GST can be cancelled for specified reasons. The cancellation can

https://taxguru.in/goods-and-service-tax/inspection-search-seizure-arrest-goods-services-tax-act.html Clipped from: https://taxguru.in/goods-and-service-tax/inspection-search-seizure-arrest-goods-services-tax-act.html Inspection, Search, Seizure and Arrest 1. In any tax administration the provisions for Inspection, Search, Seizure and Arrest are provided to protect

https://taxguru.in/goods-and-service-tax/gst-refunds-what-you-should-know.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-refunds-what-you-should-know.html Refunds under GST Introduction: Timely refund mechanism is essential in tax administration, as it facilitates trade through release of blocked funds for

https://taxguru.in/goods-and-service-tax/gst-refund-unutilised-input-tax-credit-itc.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-refund-unutilised-input-tax-credit-itc.html Accumulation of Input Tax Credit (ITC) happens when the tax paid on inputs is more than the output tax liability. Such accumulated

https://taxguru.in/goods-and-service-tax/registration-under-goods-and-services-tax-gst-law.html Clipped from: https://taxguru.in/goods-and-service-tax/registration-under-goods-and-services-tax-gst-law.html Introduction: In any tax system, registration is the most fundamental requirement for identifcation of taxpayers ensuring tax compliance in the economy. Registration

https://taxguru.in/goods-and-service-tax/job-work-gst.html Clipped from: https://taxguru.in/goods-and-service-tax/job-work-gst.html Introduction: Job-work sector constitutes a significant industry in Indian economy. It includes outsourced activities that may or may not culminate into manufacture.

https://taxguru.in/goods-and-service-tax/comprehensive-guide-gst-e-invoice-system-implementation.html lipped from: https://taxguru.in/goods-and-service-tax/comprehensive-guide-gst-e-invoice-system-implementation.html Introduction: Welcome to the realm of GST tax compliance, where the E-Invoice System revolutionizes the way businesses handle invoices. Mandated by the GST

https://taxguru.in/goods-and-service-tax/gst-registration-document-list.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-registration-document-list.html The Goods and Services Tax (GST) in India is subject to turnover thresholds, varying for different states and business types. Understanding these